NOT LISTED FOR SALE

Estimated Value: $206,000 - $247,000

-- Bed
1 Bath
1,408 Sq Ft
$163/Sq Ft Est. Value

Last Sold June 20, 2024

Last sale price $260,000 $185 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,531/month

5 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Laundry Room
  • Ranch Style House
  • Shades
  • Tile Flooring

About This Home

As of June 2024

ATTENTION INVESTORS! Check out this very well- maintained duplex on Des Moines' South side. Both adorable units are currently occupied and have 2 bedrooms and 1 bath with an unfinished walk-out basement that leads to a large back yard. The owner has taken meticulous care of these units and some of the updates include fresh paint after every lease, newer roof, newer windows, newer carpeting, and both of the HVAC's have been replaced and serviced regularly. The unfinished basement of each unit has an additional room that could easily be finished into a nice family room/game room. Definitely a low maintenance property. Check it out!

Last Agent to Sell the Property

Dan Vierling

Iowa Realty Mills Crossing Listed on: 05/15/2024

Iowa Realty Mills Crossing

Co-Listed By

Josh Dicks

Iowa Realty Mills Crossing

Last Buyer's Agent

Roshni Ryan

Keller Williams Realty GDM

Keller Williams Realty GDM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,774

Year Built

  • Built in 1972

Lot Details

  • 9,250 Sq Ft Lot
  • Lot Dimensions are 74x125

Parking

  • Driveway

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1 Full Bathroom
  • 1,408 Sq Ft Home
  • Shades
  • Drapes & Rods
  • Unfinished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • 2 Kitchens
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Tile

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 01003914003000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,774

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Duplex, Ranch
  • Lp Amt Sq Ft: 188.21
  • Sp Amt Sq Ft: 184.66
  • Termite: Follow Showing Instructions
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 1
  • Disposals: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: Carpeting, Drapes/Curtains, Shades/Shutters, Smoke Detector, Tile Floors
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Basement Description: Unfinished, Walkout
  • Sq Ft Bsmt: 1408
  • Kitchens: 2
  • Laundry: Yes
  • Included Items: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1408
  • Total Sq Ft: 1408

Exterior Features

  • Exterior: Brick, Frame
  • Foundation: Concrete Block
  • Paved: Yes
  • Roof: Asphalt Shingle
  • Sidewalk: 2
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Off Street Parking: Separate Driveways

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: 2

Condo/Co-op/Association

  • Association Fee: No
  • Manager: Yes

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2120
  • Lot S F: 9250
  • Lot Shape: Regular
  • Lot Size: 74X125
  • Assessor Parcel Number: 01003914003000
  • Zoning: RES

Rental Info

  • Deposit: Yes
  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Tenant, Insurance Tenant, Janitor Tenant, Misc Exp Landlord, Taxes Owner, Water Tenant

Tax Info

  • Gross Taxes: 3774.00
  • Net Taxes: 3774.00
  • Tax Year: 2024

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jul 18, 2024
Sold by
Tin Tin Tin Aye Tin Aye and Lining Lamintun
Bought by
Tin Tin Tin Aye Tin Aye and Khaing Lamintun
Seller's Agent
Dan Vierling
Iowa Realty Mills Crossing
Buyer's Agent
Roshni Ryan
Keller Williams Realty GDM
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%
Views
3
Current Estimated Value
$229,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,956
Avg. Annual Appreciation
-4.15%
Original Mortgage
$250,000
Outstanding Balance
$248,145
Interest Rate
7.09%
Mortgage Type
Construction
Estimated Equity
-$1,759

Purchase Details

Listed on
May 15, 2024
Closed on
Jun 20, 2024
Sold by
Bindel Allison A and Brown Christopher M
Bought by
Kelley Christopher Allen
Seller's Agent
Dan Vierling
Iowa Realty Mills Crossing
Buyer's Agent
Roshni Ryan
Keller Williams Realty GDM
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$248,145
Interest Rate
7.09%
Mortgage Type
Construction
Estimated Equity
-$1,759

Purchase Details

Listed on
May 15, 2024
Closed on
Jun 18, 2024
Sold by
Suzanne Grace Jackson Revocable Trust and Jackson Suzanne Grace
Bought by
Khaing Lamintun
Seller's Agent
Dan Vierling
Iowa Realty Mills Crossing
Buyer's Agent
Roshni Ryan
Keller Williams Realty GDM
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$248,145
Interest Rate
7.09%
Mortgage Type
Construction
Estimated Equity
-$1,759
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tin Tin Tin Aye Tin Aye -- None Listed On Document
Kelley Christopher Allen $261,000 None Listed On Document
Khaing Lamintun $260,000 None Listed On Document
Khaing Lamintun $260,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khaing Lamintun $250,000
Closed Khaing Lamintun $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $260,000 -1.9% $185 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $265,000 -- $188 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,804 $193,400 $29,400 $164,000
2023 $3,774 $193,400 $29,400 $164,000
2022 $3,744 $160,100 $25,400 $134,700
2021 $3,580 $160,100 $25,400 $134,700
2020 $3,720 $143,500 $22,600 $120,900
2019 $3,226 $143,500 $22,600 $120,900
2018 $3,192 $120,000 $19,400 $100,600
2017 $3,150 $120,000 $19,400 $100,600
2016 $3,070 $116,500 $17,800 $98,700
2015 $3,070 $116,500 $17,800 $98,700
2014 $2,868 $112,000 $16,500 $95,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 695358

Des Moines Area Association of REALTORS®

APN: 010-03914003000